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Coca Cola and Nestlé,rumours of water venture

Coca-Cola Co. andNestle SA are considering a $3 billion joint venture in the water business, according to Sanford C. Bernstein & Co. beverage analyst Bill...

Ocean Spray launches website

Ocean Spray's Ingredient Technology Group (ITG) announced this week the launch of a new website, www.oceansprayitg.com . Visitors can access the group's latest corporate, product and...

Cadbury may bid for Pepsico sports drink

British confectionery and soft drinks group Cadbury Schweppes is considering a bid forPepsiCo Inc's All Sport Body Quencher for up to 60 million pounds ($88.09 million),...

First foot-and-mouth case strikes France

The first case of foot-and-mouth disease in continental Europe was confirmed in Mayenne in the north-west of France on Tuesday. The Ministry of Agriculture announced...

Food exports from Australia to Asia show strong growth

Australian food exports to Asia grew 13 per cent in the December quarter and are expected to exceed $12 billion, the Supermarket to Asia Council...

Australia to develop national food industry strategy

Australia is to develop a national food industry policy to identify new areas of growth, the government announced this week. Agriculture Minister Warren Truss will...

Foot and mouth disease update

Twenty-two new cases were confirmed on March 11 in Powys, in Devon 4 cases , Cumbria 8 cases, Worsestershire, Derbyshire,Dumfries and Galloway 2 cases, Gloucestershire,...

Signs that Dean Foods may be sold

Dean Foods , the second-largest dairy processor and distributor in the US, has called in Goldman Sachs, the US investment bank, to advise on strategic and...

United Biscuits sells frozen fish business

United Biscuits is to sell its stake in Young's Bluecrest, the frozen fish business, to the venture capital division of Legal & General (LGV), the...

Fierce competition for US health supplements market

Dutch health products supplier Royal Numico NV expects the competitive market for nutritional supplements in the U.S. to grow by an average of 10 per...

Manufacturers to slash supply costs

Almost three-quarters of U.S. manufacturers this year aim to aggressively cut supply chain costs in a bid to boost profitability, with over a fifth planning...

A site for starch

Leading speciality starch company National Starch announced on Wednesday the launch of a new web site, FoodStarch.com. The new site provides a host of information...

Czech Budvar takes on the US

Czech brewer Budejovicky Budvar is to compete with brewer Anheuser-Busch Cos. Inc. in the U.S., by launching its version of the Budweiser Budvar beer there...

Asia Pacific reports $5.9m loss

Asia Pacific Specialty Chemicals has reduced senior management, boosted sales and marketing staff and will close three plants in a bid to reverse the full...

Ricelands launches GMO-free lecithin line

The Lecithin Division of US based Riceland Foods announced this week a new line of Identity Preserved, Non-Genetically Modified (GM) Lecithin Products. Lecigran IP Deoiled...

Dutch supermarket giant reports glowing sales

Dutch supermarket chain, Royal Ahold, announced on Tuesday a surge in net earnings of 48 per cent to Euro 1.1 billion. Operating results increased by...

Tuna affects Heinz forecast

US food group HJ Heinz lowered their earnings forecasts for the second time in six months on Monday. Heinz cited pricing pressure in its US tuna...

Private solutions for e-commerce members

Dublin-based IngredientsNet.com, an e-commerce platform for the food industry, announced on Tuesday that it will offer two new private procurement solutions - ProcureSelect™ and ProcureWare™....

EU bans livestock markets

The European Union has banned livestock markets fortwo weeks to try to contain an outbreak of foot-and-mouth disease, the BBC reports. The EU's veterinary panel...

US sales soar for natural dietary supplements

The US Natural Dietary Supplements Market generated revenues of $6.67 billion in 2000, a new survey reveals. The report, from market research company Frost &...

Food Safety top of list at EU Round Table

Amid the current threat of an outbreak of Foot-and-Mouth disease in Europe, the issues of food safety, food production and quality were the main subjects...

Kraft buys African coffee

Kraft Foods International announced on March 2 that it has acquired Societe des Cafes Ennasr,a leading producer and marketer of roast and ground coffee in...

US and New Zealand seek sanctions over Canadian milk exports

The United States and New Zealand asked the World Trade Organization on Thursday last week forformal permission to impose trade sanctions on Canada over milk...

Ahold loses its sweet tooth

Dutch supermarkets group Koninklijke Ahold NV said on Friday it had sold its Jamin confectionery stores to EuroDelight for an undisclosed amount. "Given Ahold's ...

Heinz buys soups and dressings

H. J. Heinz Co. last week announced that it has acquired two food service companies, Cornucopia Inc. and Central Commissary Inc. Terms were not disclosed. ...

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